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<br /> • EXHIBIT E �
<br /> ; MORTGAGE ADDENDUM 9?� 'rl ���i/ .
<br /> The toilowing ar4 addenda to the Mortgage. Pl�ase check the applicabl�add�ndum. The
<br /> eddendum checked sh�ll be incorparated Into,and recorded with,tho Mortgage. The term'Mortgage'
<br /> shall b�deemed to include'Deed of Trust,"H applicable.
<br /> �FHA. USDA RURAL DEVELOPMENt end HUD ADDENOUM ONLY
<br /> THIS TAX-EXEMPT FINANCING RIOER Is made thia a�day of��l9 97 and is
<br /> Incorporeted Inta end shall be deemed to amend and supplement the Mortgage,Deed of Trust or
<br /> Secu�ity Deed("Security Instrument")of the same date gfven by the underslgned('Florcowee")to securs _
<br /> Borrowers Note('Note')to �� ���� �.� -
<br /> A Ca.Lifornia Oorporation
<br /> ('Lender)af the same date and covering the property described In the Secu�ity Instrument an�Iocate�J
<br /> at
<br /> �aa �.o�t-.� ��-� , c�ra�1, �:sla�ol , N�E (�'�
<br /> • (Property AddressJ
<br /> In addltian to the covenants and agreement�made in the Secucity Instrumen�P.orrower an@ Lender
<br /> : further cov�snant and agree ta amend Paragraph 9 oithe Model Mortgage Fortn,entiUed'Grounds tor
<br /> Acceleratlon of Debt"as by add(ng addi�onal grounds for acceferation as follows:
<br /> , lender,or such of its successors or assigna es may be separate insGvment assume
<br /> : responsibility for assurfng compliance by the BoROwer with the provisions of this Tax•Exempt Flnancing
<br /> ' Rider. may require immediate payment(n fuli ot aii sums secureo iiy U`�is S�u��r i�sxur�n!�f:
<br /> ', (a) All or part of the Property is sold or othervvise transferced by Borrower to a
<br /> purchaser ar other transteree: � � •
<br /> (I) Who cannot reasonabiy be expected to xcupy the property:s a
<br /> principal Residence within a reasonable Bme efter the sale or transfer,all as provided in Section 143(c)
<br /> ' and(l)(2)ofthe Intemat Revenue Code;or
<br /> . (�j Who has had a present ownership interest in a principal R�sidence
<br /> during any part of the three-year periad endfng on the dat�of the sale or transfer.all as provided in
<br /> � Sectian 143(d)and(I)(2)of the Intemal Revenue Code(exc t;th�t'100 percenY shall bz substittutted for �
<br /> • '98 percent or more"where the latter appearo in Sec�on 143 d 1 j;or
<br /> � (iif) At an acquisitton cost which is greater than 90 percent of the average •
<br /> ' area purchase p�ice(greater than 110 petcent for targeted area Residences),atl as provided in Secticn
<br /> 143(e)and(I)(2)of the Internal RevPnue Code;or -
<br /> � ((v) Who has a gross family ir►come in excess of the applicable percentage "
<br /> .� of appticabte median famity income as provided in Section 143(fj and(I)(2)of the Intemal Revenue
<br /> ' Code; a ,
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